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Gas Prices Tick Up to $3.69 per Gallon

Americans are paying more at the gas pump this week, according to an Energy Information Administration report released Monday.

The national average price for regular gasoline clocked in at $3.686 per gallon, up $0.012 from a week ago and $0.060 above the same time last year. While every region saw a gas price increase this past week, the Rocky Mountain region experienced the largest gain ($0.023). The West Coast made out with the smallest weekly increase, up just $0.004 per gallon. 


While gas prices inched higher, diesel prices dipped lower in the most recent week, with a $0.010 decline over the past week to $3.882 per gallon. This latest price tag puts diesel $0.041 per gallon above the same time last year. The East Coast enjoyed an oversized $0.022 decline, while the Gulf Coast was the only region to see prices increase, a slight $0.001. 


At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.999) and diesel ($3.994), while the Gulf Coast can guzzle gas for just $3.428 and diesel for $3.770 per gallon. 

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Justin Loiseau

Energy and Macroeconomic Specialist keeping investors up to date with macro news, utilities, and good companies doing good things.

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